Cannabis Daily News
Cannabis Daily News · page 41
- CBD Market
Can Aurora right-size the ship?
Aurora moved from its stock listing from the NYSE to NASDAQ this week as part of its cost-cutting and right-sizing plans, according to a press release.
- Cultivation
Real talk from Tantalus CEO Dan Sutton
Citing high excise taxes as a major pain point, Tantalus CEO Dan Sutton delivered a crushing reality check to those following the industry.
- Adult-Use
Some states are clinging to prohibition
Even though the vast majority of Americans now support cannabis legalization, there are some states where elected representatives are very actively working against it — sometimes using undemocratic methods, reports Forbes.
- Cultivation
Narc, narc: Who’s there? Complaints to Health Canada
Formal complaints to Health Canada about rival cannabis companies nearly doubled in 2020 compared to the previous year, according to a report from Marijuana Business Daily.
- Adult-Use
Why this cannabis pharmacy is taking aim at the OCS
As Canada’s first compounding pharmacy specializing in cannabis, Ottawa’s Hybrid Pharm has a unique position in the industry.
- CBD Market
HEXO blazes a new trail (mix) forward
Ottawa-headquartered HEXO is making big moves, announcing plans on Monday to acquire 48 North and forging a path into the US market.
- Cannabis Daily News
The Pepsi Challenge — but much, much cooler
Remember the Pepsi challenge, which started in the ‘70s and asked blindfolded people to taste-test Coke and Pepsi and choose their favourite?
- Adult-Use
Curaleaf on the fast track to growth
Wakefield, Massachusetts-based Curaleaf reported record earnings for Q1 this week at US$260 million, up 170% year over year.
- Adult-Use
Trulieve snaps up Harvest Health for mega-MSO
In what they’re calling the largest American cannabis deal in history, Florida’s Trulieve announced its plans to acquire Arizona-based Harvest Health in an all-stock deal valued at approximately US$2.1 billion.
- Adult-Use
No, 10% of high school kids don’t vape cannabis every day
We were alarmed by stories circulating last week asserting that government-commissioned study showed that, among several worrisome claims, “10% of respondents in high school said they [vape cannabis] daily.”
- Adult-Use
How Miguel Martin is right-sizing Aurora (remotely)
Aurora CEO Miguel Martin answered some tough questions from Marijuana Business Daily last week about lost market share in the adult-use market in Canada, what previous management was thinking when they built so much production capacity and how he plans to turn things around.
- Markets & Stocks
The CSE is ready to Ascend
Boston-based Ascend Wellness began trading ($AAWH) on the Canadian Securities Exchange yesterday, and Forbes is calling it “the most anticipated cannabis IPO of the year” (although they also note the IPO was just announced in April).
